Ally - About the company
Ally is an acquired company based in Bellevue (United States), founded in 2017 by Vetri Vellore. It operates as a Provider of employee experience platform with tools for communication and learning. Ally has raised $76M in funding from investors like Accel, Tiger Global Management and Founders' Co-op. The company has 1107 active competitors, including 135 funded and 66 that have exited. Its top competitors include companies like Atlassian, Freshworks and monday.com.
Company Details
Provider of employee experience platform with tools for communication and learning. It offers solutions for employee engagement, goal setting, and performance management. The platform integrates with existing productivity suites to streamline workflows. It also provides resources for professional development and skill enhancement.
- Website
- ally.io
- Email ID
- *****@ally.io
- Phone Number
- +1 **********
- Registered Address
- Bellevue, Washington
Key Metrics
Founded Year
2017
Location
Bellevue, United States
Stage
Acquired
Total Funding
$76M in 4 rounds
Latest Funding Round
Ranked
61st among 1107 active competitors
Employee Count
50 - 199 as on Mar 01, 2026
Similar Companies
Exit Details
Acquired by Microsoft (Oct 07, 2021)
Legal entities associated with Ally
Ally is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ALLY TECHNOLOGIES, INC. CIN: 821882707 , United States, Active | - | 59 (As on Dec 31, 2022) | - |
Ally's acquisition details
Ally got acquired by Microsoft on Oct 07, 2021.
Click here to take a look at Ally's acquisition in detail
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Ally's funding and investors
Ally has raised a total funding of $76M over 4 rounds. Its first funding round was on Jan 2019. Its latest funding round was a Series C round on Feb 17, 2021 for $*****. 7 investors participated in its latest round. Ally has 8 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Ally:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 17, 2021 | 6292677 | Series C | 8419223 | 2034384 | 1160355 | 4181156 |
Oct 23, 2019 | 3641710 | Series B | 4992323 | 7713026 | 5605356 | |
Jul 2019 | 4542910 | Series A | 5024266 | 3784226 |
View details of Ally's funding rounds and investors
Ally's founders and board of directors
Founder? Claim ProfileThe founders of Ally is Vetri Vellore.
Here are the details of Ally's key team members:
- Vetri Vellore: Founder & CEO of Ally and founder of 1 other company. They are also an angel investor in 6 startups.Contact Info: 1 email address
View details of Ally's Founder profiles and Board Members
Ally's employee count trend
Ally has 50 - 199 employees as of Mar 26. Here is Ally's employee count trend over the years:
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Ally's Competitors and alternates
Top competitors of Ally include Atlassian, Freshworks and monday.com. Here is the list of Top 10 competitors of Ally, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of collaboration software and tools for various professional teams | $210M | 86/100 | ||
2nd | Freshworks 2010, Chennai (India), Public | Provider of IT service management and customer support solutions | $400M | 84/100 | |
3rd | monday.com 2012, Tel Aviv (Israel), Public | Cloud-based platform offering suite solutions for project management | $235M | 82/100 | |
4th | Asana 2008, San Francisco (United States), Public | Cloud-based platform offering project management software | $453M | 79/100 | |
5th | Clickup 2016, Palo Alto (United States), Series C | Developer of a platform providing project management and team collaboration | $535M | 78/100 | |
6th | Coda 2014, San Francisco (United States), Acquired | Document Collaboration Tool | $240M | 76/100 | |
7th | Provider of cloud-based business software suite for diverse operational requirements | - | - | 76/100 | |
8th | Webex 1995, San Jose (United States), Acquired | Provider of solutions for virtual meetings and training sessions | $25M | 74/100 | |
9th | Outreach 2014, Seattle (United States), Series G | Provider of an AI revenue workflow platform for sales teams | $489M | 74/100 | |
10th | Symphony 2014, New York City (United States), Series E | Compliance management solutions for financial institutions | $461M | 73/100 | |
61st | Ally 2017, Bellevue (United States), Acquired | Provider of employee experience platform with tools for communication and learning | $76M | 46/100 |
Looking for more details on Ally's competitors? Click here to see the top ones
Ally's Investments and acquisitions
Ally has made no investments or acquisitions yet.
Reports related to Ally
Here is the latest report on Ally's geography:
News related to Ally
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Microsoft is turning Ally.io acquisition into Viva Goals moduleTechCrunch+•May 16, 2022•Ally, Microsoft
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Software Startup Ally.io Raises $50m Series C As The Okr Software Market Stays ExplosivePageOne•Feb 17, 2021•Ally, Greenoaks, Madrona, Tiger Global Management and 11 others
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Ally.io Expands Leadership Team to Shape the Future of WorkRad AI•Aug 20, 2020•Ally, PayScale, Smartsheet
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Ally raises $15M Series B funding to accelerate business performance using OKRsTechStartups.com•Oct 24, 2019•Ally, Tiger Global Management, Accel, Vulcan and 4 others
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